Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
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I agree with the others on this thread – Scripps still has a ways to fall. I think ppsf average of 250/sq ft is very likely in SR.
However, remember that Scripps Ranch is not “starter home” territory. It is an upscale community. You find typical “starter homes” in places like Mira Mesa, Linda Vista, and the counties (East, North, and South).
I’d be willing to bet that the vast majority of Scripps owners are on at least their second house (barring the condos/townhomes).
